Analyst Ratings for High-Yielding Utility Stocks: UGI, Clearway Energy, and Dominion Energy

In times of market uncertainty, many investors seek the security and income potential of dividend-yielding stocks. These companies, often with robust free cash flows, reward shareholders with consistent dividend payouts. Benzinga provides a platform to analyze analyst opinions on various stocks through its Analyst Stock Ratings page. This allows investors to delve into a comprehensive database of analyst ratings, including their accuracy rates, enabling informed decision-making.

This article focuses on the most accurate analysts’ opinions regarding three high-yielding stocks in the utilities sector:

UGI Corporation (UGI)

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Dividend Yield:

6.39%
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Wells Fargo:

Analyst Sarah Akers maintained an Equal-Weight rating with a lowered price target of $27 (previously $28) on May 3. Akers boasts a 71% accuracy rate.
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Mizuho:

Analyst Gabriel Moreen maintained a Neutral rating and increased the price target from $26 to $27 on April 17. Moreen’s accuracy rate stands at 75%.
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Recent News:

UGI posted a profit for the third quarter on August 7. Benzinga Pro’s real-time newsfeed keeps investors updated on the latest UGI news.

Clearway Energy, Inc. (CWEN)

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Dividend Yield:

5.88%
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Morgan Stanley:

Analyst Robert Kad upgraded the stock from Equal-Weight to Overweight and raised the price target from $25 to $36 on July 31. Kad boasts an 80% accuracy rate.
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RBC Capital:

Analyst Shelby Tucker maintained a Sector Perform rating but cut the price target from $26 to $25 on February 27. Tucker’s accuracy rate is 70%.
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Recent News:

Clearway Energy reported a decline in second-quarter sales on August 1. Benzinga Pro’s charting tool helps identify trends in CWEN stock.

Dominion Energy, Inc. (D)

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Dividend Yield:

4.67%
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BMO Capital:

Analyst James Thalacker maintained a Market Perform rating with a raised price target of $57 (previously $53) on August 5. Thalacker has a 70% accuracy rate.
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B of A Securities:

Analyst Julien Dumoulin-Smith upgraded the stock from Underperform to Neutral and raised the price target from $43 to $54 on May 10. Dumoulin-Smith has a 71% accuracy rate.
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Recent News:

Dominion Energy reported second-quarter FY24 revenue of $3.486 billion, missing the consensus of $3.729 billion, on August 1. Benzinga Pro’s signals feature alerted to a potential breakout in D shares.